What is the monthly total cost equation

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Reference no: EM131148634

Frazier Manufacturing Company collected the following production data for the past month:

Units Produced	Total Cost
1,600	$66,000
1,300	57,000
1,500	67,500
1,100	49,500

If the high-low method is used, what is the monthly total cost equation?

Total cost = $0 + $45/unit

Total cost = $13,200 + $33/unit

Total cost = $16,500 + $30/unit

Total cost = $9,900 + $36/unit

Reference no: EM131148634

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